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Tag Archives: impact fee

Opinion: The money comes rolling in … and out

Warm weather and a saturated natural gas market have driven down the gas price and slowed the Pennsylvania natural gas industry. Still, gas extraction has been a boon to local governments across the Marcellus Shale gas field. Due to the state Legislature’s refusal to place a fair severance tax on the industry, drillers instead have paid a “local impact fee” ...

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McGinty: Time for severance tax action

HARRISBURG – Saying the gas industry is distorting information about its economic health, a top aide to Gov. Tom Wolf said Monday it is time for lawmakers to pass a state severance tax on Marcellus Shale production. Chief of Staff Katie McGinty said lawmakers need to work in a bipartisan fashion on severance tax legislation in the same way the ...

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Westmoreland officials fear loss of impact fees

Westmoreland County commissioners aren’t sure what to expect from Gov. Tom Wolf’s proposal to enact a severance tax on Marcellus shale gas well drillers. What they do know is that they don’t want the revenues the county and local municipalities have received from impact fees since 2012 to dry up. “The biggest concern I have in Westmoreland County is the ...

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Wolf severance tax keeps impact fee distribution

HARRISBURG – Gov. Tom Wolf proposed Wednesday a 5 percent state severance tax on natural gas production that continues state payments to offset the impact of drilling on shale counties in Northeast Pennsylvania and elsewhere. Mr. Wolf said 5 percent is a “reasonable” tax rate that could generate up to $1 billion mostly for public education by the fiscal 2016-17 ...

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New state House bill links severance tax, impact fee

HARRISBURG – Four House lawmakers plan to introduce a bill to levy a 3.2 percent state severance tax rate while maintaining driller impact fees to Marcellus Shale counties. Their proposed severance tax rate would be much lower than the 5 percent severance tax rate suggested by Democratic Gov. Tom Wolf during last year’s campaign and proposed by other lawmakers of ...

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Study says extraction tax isn’t enough

Pennsylvania Business Daily reports that according to the Allegheny Institute of Public Policy, natural gas production rates would need to double in order to compensate for lost revenue if Gov.-elect Tom Wolf’s proposed five percent severance tax replaces the current impact fee. Since the impact fee was established by Act 13 in 2011, $632.4 million in revenue has been generated. ...

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Gas industry expert: Governor-elect Wolf shouldn’t tax natural gas

If Pennsylvania wants to continue to benefit economically from its Marcellus Shale natural gas boom, it should avoid slapping drillers with a severance tax. That’s the warning issued by John Felmy, chief economist with the American Petroleum Institute, who visited Palmer Township Friday to address a meeting of the Lehigh Valley Tea Party. “We entice industries to come to us ...

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